Government

Budget fears as TB figures fall

Health officials and workers are concerned about budget shortages for the treatment of tuberculosis in the Kingdom as new data reveals that prevalence of the disease has declined 37 percent from 2002, officials said yesterday. Mao Tan Eang, director of the National Centre for Tuberculosis and ...

http://www.phnompenhpost.com/index.php/2012020954402/National-news/budget-fears-as-tb-figures-fall.html

Amnesty calls for release of detained protesters

Amnesty International yesterday called on authorities to immediately release the 30 women and children from the Borei Keila community being detained against their will at Phnom Penh’s Prey Speu Social Affairs Center. “Those people never should have been arrested in the first place,” said Amnesty’s Deputy ...

Probe under way on military logging case

The Anti-Corruption Unit (ACU) has launched an investigation into an October 2010 incident in which three RCAF soldiers allegedly opened fire on Forestry Administration officials who had just confiscated a haul of illegal wood, one of the officials involved said yesterday. An RCAF official, meanwhile, said ...

Senate ratifies record draft budget law

The Senate yesterday spent just 90 minutes ratifying the record $2.6 billion budget law for 2012, which will allow the government to borrow up to $1.1 billion from foreign lenders, according to a Senate statement ...

Hun Sen annuls results of bids for fishing lots

After discovering that government officials had fixed a bidding process for companies interested in operating fishing lots on the Mekong River, Prime Minister Hun Sen on Friday annulled the results of the bidding and rescheduled it for next year. Speaking at a plenary session at the ...

Budget pushed through

Cambodia’s 2012 budget passed through the National Assembly yesterday unopposed, without a single question asked and no parliamentary debate in a situation the government, opposition and observers all said was unfortunate. It took just over three hours for the law to be passed, 86 to 0, ...

http://www.phnompenhpost.com/index.php/2011112552980/National-news/budget-pushed-through.html

Regional bank meets with evicted railway families

The Asian Development Bank (ADB) met yesterday with the representatives of families evicted or facing eviction to make way for an ADB-funded railway project, and defended itself against complaints that the project was pushing some of them deeper into poverty. The ADB has billed the $142 ...

Tariffs on rice slashed to help fuel exports

As part of a continuing push to bolster rice exports, the government has agreed to waive all export tariffs on milled rice and will also eliminate value-added tax (VAT) on paddy rice purchased domestically. According to a promulgation signed last month by Finance Minister Keat Chhon, ...

Kingdom, WTO call on US to drop tariffs

Both Cambodia and the World Trade Organisation this week called on the United States to follow China’s lead in promising zero-tariff treatment to Least Developed Countries. Chinese President Hu Jintao, in a speech at the G20 summit in Cannes, France, on Friday, announced China would grant ...

http://www.phnompenhpost.com

State borrowing may spike

Cambodia’s draft budget law for 2012 will seek to increase concessional borrowing by about 75 per cent compared to 2011, according to a copy of the draft obtained by the Post. A lack of aid commitment may have led to the increase in proposed borrowing, experts ...

http://www.phnompenhpost.com

Draft budget law allocates $2.6bn for 2012

Total government spending in 2012 is set to reach $2.62 billion, an increase of 9 percent on the $2.4 billion the government had budgeted to spend in 2011, according to a copy of the 2012 draft budget law obtained yesterday. As part of the new budget, ...

Hun Sen talks trade with Sino counterpart

Prime Minister Hun Sen yesterday led a delegation of businessmen and top government officials to join the eighth China-ASEAN expo and investment summit to be held in Nanning, China, from October 21 to October 26. The Cambodian prime minister planned to meet his Chinese counterpart Premier ...

http://www.phnompenhpost.com

No improvement in 'Doing Business' report

With few reforms made in the past year, Cambodia ranked 138th out of 181 countries for the second consecutive year in the World Bank’s ‘Doing Business’ report released yesterday, a ranking that put it behind countries such as Syria and Sudan. The report ranks countries based ...

Revenues for first seven months double to $1.6bn

The government has collected 6,557 billion riel, or about $1.6 billion, in revenues in the first seven months of 2011, a figure that is twice that of the $801 million in revenues that were collected during the same period last year, data released by the ...

Serbian Foreign Minister strengthen bilateral ties

“Minister of Foreign Affairs of the Republic of Serbia, H.E. Vuk Jeremic will pay an official visit to Cambodia early next week to strengthen bilateral cooperation between the two countries,” the media release from the foreign ministry said on October 7. “Serbian Foreign Minister H.E. Vuk ...

http://thesoutheastasiaweekly.com/

Nine Companies Barred From State Projects for Not Paying Tax

The Ministry of Finanace in August barred nine local companies from working on government infrastructure projects for allegedly failing to pay tax owed on several projects funded by foreign money, government and company officials said yesterday. The move by Finance Minister Keat Chhon to freeze ...

World Bank Influence Curbed by ‘New’ Donors

The World Bank is losing influence in Cambodia to “emerging donors” and making no major headway in stemming corruption, the Bank’s Independent Evaluation Groups said in a report released Wednesday. Specifically focused on the World Bank;s 2007 anti-corruption initiative through 2010, the report uses six ...

Taxes set to reduce transactions

The pending property tax could lead to declining residential property transactions in the Kingdom as residents fear rising house prices. Although the property sector is currently stable after the country’s recovery from the financial crisis, it is expected to stall once the prakas is implemented, VMC ...

http://www.phnompenhpost.com/index.php/2011082551247/Special-Supplement/taxes-set-to-reduce-transactions.html

Pay Off Officials, Risk Prison Stint, New Law Says

The government has brought into force a new law that makes all illegal payments to officials punishable by up to 15 years in jail for those who accept such payments and up to 10 years for those who make payments. Im Oudom, a member of ...

http://www.camnet.com.kh/cambodia.daily

CAMBODIA-NORTH KOREA UPDATE BILATERAL AGREEMENTS

Cambodia and Democratic People’s Republic of Korea (DPRK) have inked the agreements to expand bilateral trade, technologies, agriculture, industry, investment and the health sector, and both sides also are trying to boost close ties for mutual benefits while both nations’ trading has been reported to be ...

http://thesoutheastasiaweekly.com/?p=1301

Hotel Staff Fired for Union Creation, Say Rights Group

Staff of the Angkor Village Hotel and Resort in Siem Reap have begun protested after the owner fired a total of 30 trade union officials and members after the staff joined a union in July. The dispute initially started when the owner of the hotel ...

Khy Sovuthy, P 24
http://www.cambodiadaily.com

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